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08 November 2022 • By • 1 min read

Former Courtenay House director pleads guilty to $180m Ponzi scheme

Former director of trading firm Courtenay House has admitted guilt to conducting a $180 million Ponzi scheme. Tony Iervasi has pleaded guilty in ...

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Hamish Douglass’ family offloads 13m shares in Magellan

Hamish Douglass’ family has disposed 13 million ordinary shares in Magellan. In an ASX listing on Tuesday, Magellan confirmed it has been notified ...

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Labor plans to axe super tax breaks for wealthy

The Labor government plans to scale back superannuation tax concession for the wealthy. Speaking at The AFR Super and Wealth Summit, Financial ...

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Investors poised to capitalise on burgeoning value stocks

Value stocks are “outperforming” growth equities, new data has revealed, repeating trends observed during previous inflationary periods

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‘It’s not woke’: Larry Fink rallies CEOs with capitalist battle cry

BlackRock boss Larry Fink has warned CEOs not to be swayed by woke agendas and says sustainability is about capitalism — not environmentalism

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Rest eliminates ‘geographic split’ within listed assets team

The super fund has made changes in line with its whole of fund approach. Rest has announced changes within its listed assets team that will see the ...

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‘Don’t be fooled’ by stock market bounce back

A global equity manager believes that a ‘durable bottom’ has not yet formed. Investors would be well served to remain patient during the current ...

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ACSI warns corporate carbon commitments are falling short

Australia’s largest companies need to do more if Australia is going to reach its Paris Agreement goals, the Australian Council of Superannuation ...

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M&A transactions undergo year-on-year drop

Increased risk aversion and longer negotiation periods have resulted in a sharp decline in the number of M&A transactions. The mergers and ...

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Westpac dividend up despite earnings dip

The big four bank has reported a 6 per cent increase in its dividend payout to shareholders despite a decline in cash earnings.   Westpac Banking ...

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